XRP Short-Term Price Outlook: Reversal Not In Sight Yet

XRP price has spent weeks grinding lower, and the chart now tells a story that feels tense rather than dramatic. Price continues to respect a downward channel, sliding under key averages and testing trader patience. The latest daily structure shows XRP sitting below $1.77, a zone that once offered stability but now acts as a ceiling. Momentum feels heavy, and the market appears to be waiting for proof rather than hope.

XRP price action remains locked inside a descending channel visible on the daily chart. Lower highs keep pressing price downward, and every bounce so far has struggled to last. The downtrend line continues to cap upside attempts, keeping buyers on the defensive. Zayn, an analyst on X, points out that price behavior like this often precedes reversals, yet confirmation always comes later, never early.

Moving averages add pressure to the picture. XRP price trades below both the short and medium term averages, which now slope downward. These levels act as dynamic resistance and limit upside progress. Zayn highlights that bulls must reclaim these averages before any serious shift in structure can occur. Without that reclaim, upside moves risk fading quickly.

XRP Support Around $1.61 Defines The Line Between Stability And Breakdown

Support near $1.61 stands out as the most important level on the chart. Zayn describes this zone as the line in the sand for the current XRP price outlook. Past reactions near this area show buyers stepping in, although follow through has remained limited. A clean bounce from $1.61 could create the first building block for a broader reversal.

Failure at this level would change the tone entirely. A decisive move below $1.61 would invalidate the bullish idea Zayn outlines. That scenario opens the door for deeper downside as confidence erodes. Trend changes always begin with holding support, and XRP has not proven that ability yet.

XRP Price Outlook Hinges On Breaking The Downtrend And Reclaiming Averages

A meaningful reversal needs more than a single bounce. XRP price must push above the downtrend line and hold above the moving averages. Zayn stresses that this sequence confirms momentum has turned. Until that happens, rallies remain countertrend moves inside a broader decline.

Market structure supports caution. The channel remains intact, and price still respects its boundaries. XRP price outlook stays neutral to bearish until clear evidence shows control shifting toward buyers.

XRP Technical Indicators Show Weak Momentum And Limited Buying Pressure

These indicators paint a consistent picture. Momentum indicators sit in weak zones, and trend strength remains elevated on the bearish side. RSI hovering near oversold levels hints at exhaustion, yet signals show no clear confirmation of a turn. ADX staying high shows the trend still holds power. Zayn notes that readings like these often appear before reversals, though price must first react at key levels.

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XRP price may not be ready to bounce yet, though $1.61 remains the area worth watching closely. A reaction there could change the tone of the chart, especially if followed by strength above resistance. Until then, XRP price outlook stays cautious, and patience may matter more than prediction. Ripple watchers now wait to see whether support holds or slips away.

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The post XRP Short-Term Price Outlook: Reversal Not In Sight Yet appeared first on CaptainAltcoin.